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$220,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 14 hours ago
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Income-Producing 2-Unit Building in Chicago - 7411 S. Racine Ave. Don't miss this opportunity to own an income-producing property with extremely low property taxes! This two-unit building features two apartments remodeled in 2015, offering a great opportunity for investors or owner-occupants looking to generate rental income. Property improvements include updated electrical and plumbing systems, remodeled bathrooms, some newer flooring, newer vinyl windows, updated doors, and a newer roof. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers excellent potential. Don't miss out on this investment opportunity!

Full Property Details for 7411 S Racine Ave

General

  • Price: $220,000
  • Taxes: $708 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12782477
  • Updated: 10/10/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4

Location

  • Area: CHI - Englewood
  • County: Cook
  • Township: Lake
  • Driving Directions: 74TH ST TO RACINE AVE

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding, Frame
  • Exterior Const.: Vinyl Siding, Frame
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Built Before 1978: Yes
  • Remodeled/Updated: 2015

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3125
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $708.8
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20292240050000

Listed by Hometown Real Estate Group

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— 7411 S Racine Ave —

  • Hometown Real Estate Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7411 S Racine Ave

School District:Chicago Public School District 299
NameGradesDistance
Stagg Elementary School
7424 South Morgan Street, Chicago, IL 60621
K-80.2 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7411 S Racine Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2026
Listed
$220,000
1900%
MLS
9/15/2015
Sold
$11,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7411 S Racine Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$703
—
$3,401
2%
2023
$703
100%
$3,332
—
2022
100%
$3,332
—
2021
-100%
$3,332
-34%
2020
$438
-61%
$5,069
-10%
2019
$1,132
2%
$5,633
—
2018
$1,113
-12%
$5,633
-5%
2017
$1,272
7%
$5,910
—
2016
$1,184
9%
$5,910
—
2015
$1,083
9%
$5,910
11%
2014
$992
2%
$5,348
—
2013
$973
1%
$5,348
—
2012
$960
—
$5,348
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Hometown Real Estate Group

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7411 S Racine Avenue, Chicago, IL 60636 (MLS# 12782477) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 7411 S Racine Avenue is currently listed for $220,000 and was received on October 09, 2026. Want to learn more about 7411 S Racine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

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